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About the Role

We are building a platform to de-risk the largest infrastructure build-out in history by creating a liquid market for GPU offtake. This addresses the inherent risk in financing GPU clusters and datacenter infrastructure, where lenders and developers face challenges with long-term contracts and customer risk mitigation. Our solution enables smaller startups to access compute resources by facilitating the secondary market for these contracts.

Responsibilities

• Develop and oversee the company’s legal strategy, ensuring alignment with business objectives.
• Ensure compliance with all applicable financial, regulatory, and data privacy laws.
• Advise on corporate governance, fundraising, and investor relations.
• Draft, review, and negotiate a wide range of contracts.
• Provide legal counsel on product development to ensure compliance and mitigate risk.
• Manage risk and crisis response, including litigation, regulatory inquiries, and disputes.
• Lead interactions with regulatory bodies and stay ahead of emerging laws.
• Oversee intellectual property protection.
• Develop and implement policies, training, and best practices.
• Manage external counsel and legal budgets efficiently.

Requirements

• Experience with AI sales restrictions, AML/KYC, potential future CFTC regulation, GDPR.

Skills

• Legal strategy
• Regulatory compliance
• Corporate governance
• Fundraising
• Investor relations
• Contract negotiation
• Product development legal counsel
• Risk management
• Crisis response
• Regulatory interaction
• Intellectual property protection
• Policy development
• Legal budget management

Location

• San Francisco

Work Type

• Full-time

Experience Level

• Senior

Education Level

• Juris Doctor (JD) degree

Benefits

• Generous equity grant
• Competitive salary
• Visa Sponsorships
• 401(k) matching up to 4%
• Medical, dental & vision insurance with 100% premium coverage for employees and dependents
• Unlimited paid time off
• 10+ observed holidays
• Paid parental leave (biological, adoptive, and foster parents)
• Daily lunch coverage
• Unlimited office book budget

About the Company

• We are building the company which will de-risk the largest infrastructure build-out in history.
• When people finance GPU clusters, the datacenters housing them, and the infrastructure powering them, they need "offtake" - meaning someone has signed a contract to lease the cluster for a period of time before its even built.
• Financing a GPU cluster is inherently risky, since margins are thin and volumes are huge.
• Lenders don't want to take on the risk that cluster developers can't repay their loan, and cluster developers really don't want to risk not selling their cluster.
• As a result, risk is offloaded to the customer using fixed-price long-term contracts.
• If you don't mitigate this customer risk, there's a bubble.
• This isn't SaaS anymore - application layer companies sign multi-year contracts for computer and inference, but sell to customers on monthly subscriptions.
• If you mess up a purchase, it's game over: a minor shift in your revenue growth rate might mean the difference between profit or bankruptcy.
• But what if companies could exit their contract by selling it back to the market?
• Otherwise, as AI scales, compute only becomes available to folks who can effectively take on that risk.
• A 2-person startup in a San Francisco Victorian can't realistically sign a 5-year take or pay contract on $100m supercomputers.
• But they may be able to buy the month of liquidity that someone else sold back.
• So that's what we make: a liquid market for GPU offtake.

Equal Opportunity

• The San Francisco Compute Company is committed to maintaining a workplace free from discrimination and harassment.
• We make employment decisions based on business needs, job requirements, and individual qualifications, without regard to race, color, religion, belief, national origin, social or ethical origin, age, physical, mental, or sensory disability, sexual orientation, gender identity or expression, marital status, civil union or domestic partnership status, past or present military service, HIV status, family medical history or genetic information, family or parental status including pregnancy, or any other status protected by law.
• We welcome the opportunity to consider qualified applicants with prior arrest or conviction records.
• Our commitment to diversity includes hiring talented individuals regardless of their criminal history, in accordance with local, state, and federal laws, including San Francisco’s Fair Chance Ordinance and California’s ban-the-box laws.